Re: paying off my parent\'s mortgage..help needed
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Just pay it off as the bills come due. If it's been refinanced anytime in the last 10 years the rate is so low, you'll do better keeping the money and investing it elsewhere.
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the thing is that my mom is simple folk and i want to help her out financially, but she isnt really crazy about anyhting, and really loves her 450/wk daycare job.
her intestest rate is 6.5%, do you still think its better to pay monthly and invest, or to pay it off as a whole.
obviously, she is for the latter, being simple folk.
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